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First-time world travelers and those unfamiliar with dealing in foreign currencies are often unsure how to convert their US dollars into their destination's currency. In today's changing banking environment, old staples of international travel such as travelers' checks are becoming things of the past. Fortunately, a few simple rules of currency exchange should cover the traveler in most situations.

Find the Right Currency

Research before your trip to find the currencies accepted in your destination country or countries. For example, while most western European countries have converted their monetary systems to the Euro, there are notable exceptions like the UK and Switzerland, says the European Union Delegation to Japan. Don't be surprised on arrival. Check currency sites like XE.com to determine the official exchange rate for dollars into your target. While the exchange rate fluctuates day by day, this should give you an idea of what to expect.

Exchange Before You Go

Foreign currency site GoCurrency advises travelers to change enough money before the trip to cover transportation costs, tips and lunch on arrival at their destination. Don't be tempted to convert all your money, however, because fees Stateside can be much higher than you'll find abroad. Companies like Thomas Cook and Travelex mail foreign currency to your home before you travel. These companies often have good exchange rates, but do the math to determine whether the shipping fee negates that advantage.

Find the Best Exchange Rate

Airport exchange kiosks normally charge an exorbitant exchange rate, says travel expert Rick Steves. If you already have enough currency to get you into town, you're in luck. Most banks in the city center have much better exchange rates than the convenient but pricey airport and train station kiosks. Countries with high tourist traffic often also boast dedicated exchange kiosks in popular tourist areas. Shop around at several to find the best rate.

Ditch the Travelers&#039; Checks

In the days before electronic banking, travelers' checks were a convenient way to carry money to foreign destinations, says MSNBC's Jean Chatzky. Now, however, the associated fees and long bank lines make travelers' checks more of an encumbrance than a help. Instead, bring your ATM card and withdraw money from an ATM at your destination. Your card and PIN should work the same there as they do at home.

Familiarize Yourself With the Coinage

Nothing says "tourist" like fumbling with coins in a foreign shop. Rick Steves advises travelers to take a few minutes to familiarize themselves with foreign coins and bills before appearing in public with them. This reduces embarrassment at the till, and makes you less of a target for thieves who capitalize on tourist unfamiliarity with foreign money.

Coins Aren&#039;t Exchangeable

If you're hoping to change your foreign coins back to USD after your trip, you're out of luck, says Travelocity's Amy Ziff. Before you leave your destination, spend as many extraneous coins as you can. Museums and public monuments usually have donation boxes, and would be grateful for the extra change. If you're truly overburdened with coins, buy some overpriced snacks at the airport for your journey home to get rid of them. Finally, if you'll be returning to your destination soon, keep the coins in a safe place at home.